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For sale
  • $699,900

    512 Dement Cir APT E, Panama City Beach, FL 32407

    5beds
    2,394sqft
    : 
    $4,757/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    1,178 Square Feet Lot
    $667,800 Zestimate®
    $292/sqft
    $360/mo HOA

    What's special

    Attached garageHot tubAdditional bedroomsFully furnished townhomePeak-a-boo gulf-viewSpa-inspired master suiteCoastal finishes
    Discover the perfect blend of luxury living and income potential in this stunning 5-bedroom, 4.5-bath townhome, just steps from pristine Panama City Beach access points. Featuring coastal finishes, 9-foot ceilings, and a peak-a-boo Gulf-view, this fully furnished townhome is a great fit for your family and investment needs. Why it stands out: The first-floor bedroom with kitchenette unlocks potential for an anytime personal use retreat or include it in bookings to maximize rental income. The spa-inspired master suite, well equipped kitchen, and additional bedrooms make it roomy for big families and larger vacation groups alike. Plus, the attached garage and community pool add value for use, fun, and investment returns. Walk to the beach, shops, and restaurants. Enjoy world-class sunset views from your balconies. Unwind in the hot tub. Whether your goal is a second home, primary residence, or vacation rental investment, this unit is a great fit. Live the Lifestyle. Walk to great local dining options and entertainment: start your evening at local favorites like Firefly, Hunt and Gather, C-Level or Angelo's, then unwind at lively hotspots like the newly built Tootsies (Where Spinnaker used to be), Pineapple Willies, or the Arcade and Bowling Alley at Laketown. Need a day trip or a break from the salt? Ripley's Believe It or Not, Wonder Works, and Shipwreck Island water park are minutes away, making this the ultimate base for family vacations and getaways.. The potential first-floor lock-out suite with kitchenette, and flexible bedrooms with bunks, large family room with balcony layout caters perfectly to vacation rental demands. Community pool, private hot tub, and garage (ideal for car, golf cart storage or small boat, jet ski) add tangible appeal. With Panama City Beach ranking among the highest-demand vacation rental markets, this property hits the mark.
    29 days
    |
    337
    |
    17
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Reed 850-814-7377,

    Homes Land & Shore Inc.

    Source: CPAR,MLS#: 792984MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Family Room, Garage, In-Law Suite, Primary Bedroom, Other
      Primary bedroom
      • Description: 2nd floor En Suite bedroom
      • Level: Second
      • Dimensions: 13 x 10.5
      Primary bedroom
      • Description: Top floor En suite bath with soaking tub and separate shower and water closet w/ private balcony
      • Level: Third
      • Dimensions: 14 x 11.5
      Bedroom
      • Description: twin bunks with shared bath and closet in hallway
      • Level: Third
      • Dimensions: 11 x 8.5
      Bedroom
      • Description: Twin Bunks with shared bath and closet in hallway
      • Level: Third
      • Dimensions: 11 x 8.5
      Family room
      • Description: 2nd floor Kitchen, Living dining area with large marble island and bar top seating and balcony access
      • Level: Second
      • Dimensions: 25.5 x 14.5
      Garage
      • Description: A hard to find amenity for a beach home. Keep a car or a golf cart on site. Fly in and play.
      • Level: First
      • Dimensions: 22 x 11
      Other
      • Description: Full Kitchenette on this ground floor bedroom, could possibly reconfigure for an owner lockout.
      • Level: First
      • Dimensions: 13 x 12
      Other
      • Description: Balcony off 3rd floor primary
      • Features: Balcony
      • Level: Third
      • Dimensions: 5 x 4
      Other
      • Description: Sliding doors off main living area open for outdoor space.
      • Features: Balcony
      • Level: Second
      • Dimensions: 14.5 x 4
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater
      Features
      • Double Vanity, Sitting Area in Primary, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,394
      • Total interior livable area: 2,394 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved
      • Garage spaces: 1
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Patio, Balcony
      • Exterior features: Patio
      • Pool features: In Ground, Community
      Lot
      • Size: 1,178 Square Feet
      • Dimensions: 19.0 ft x 62.0 ft
      Details
      • Parcel number: 34957050000
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • HardiPlank Type
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: High Speed Internet Available

      Community & HOA

      Community
      • Features: Pool, Community Pool, Short Term Rental Allowed
      • Subdivision: Long Beach 3rd
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Pool(s), Trash
      • HOA fee: $360 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $292/sqft
      • Tax assessed value: $522,915
      • Annual tax amount: $6,609
      • Date on market: 7/22/2026

        Estimated market value

        $667,800

        $634,000 - $701,000

        $3,389/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$699,900-22.6%$292/sqft
        Source: CPAR #792984 Report a problem
        8/3/2024Listing removed--
        Source: CPAR #742010 Report a problem
        8/7/2023Price change$904,000-2.7%$378/sqft
        Source: CPAR #742010 Report a problem
        7/19/2023Price change$929,000-4.7%$388/sqft
        Source: CPAR #742010 Report a problem
        6/14/2023Price change$975,000-2%$407/sqft
        Source: CPAR #742010 Report a problem
        5/27/2023Listed for sale$995,000-5.2%$416/sqft
        Source: CPAR #742010 Report a problem
        7/8/2022Sold$1,050,000-4.5%$439/sqft
        Source: ECAOR #900105 Report a problem
        6/29/2022Pending sale$1,100,000$459/sqft
        Source: ECAOR #900105 Report a problem
        6/2/2022Listed for sale$1,100,000+120%$459/sqft
        Source: ECAOR #900105 Report a problem
        5/21/2021Sold$500,000$209/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,609 -0.1%$522,915 -0.8%
        2023$6,613 +36.7%$527,182 +24.1%
        2022$4,838 $424,690
        2021-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32407

        Getting around

        52 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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